Overseas Filipino workers (OFWs) are again keen on using their hard-earned money to lease a house or purchase a permanent dwelling for their families back home, according to a study. Know more:
Overseas Filipino workers are again keen on using their hard-earned money to lease a house or purchase a permanent dwelling for their families back home, according to a study.
Condominiums and apartments accounted for the biggest share of leads on Lamudi, with listings in lower price categories attracting more than a third of total inquiries for both potential buyers and renters. Over half of the listed residential properties for sale on the platform were priced P6 million and below.
Other interested foreign tenants for commercial spaces here were Canadians, South Koreans, British and United Arab Emirate nationals. Location-wise, OFWs based in the Middle East—Dubai, Doha, Riyadh, Abu Dhabi—and Singapore showed high interest for properties in Calabarzon during the period in review.
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